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Bajaj Housing Finance has successfully raised 509 crore through non-convertible debentures. This move follows a period of strong business growth for the company. Their assets under management saw a significant increase of 23% year-on-year. The mortgage lender also reported a substantial rise in disbursements during the third quarter, indicating robust performance and expansion in their operations.
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News and Media
National Stock Exchange shares climbed past 2,000. This surge followed SEBI chief's comments on an upcoming IPO clearance. Investor interest has rekindled. NSE shares saw increased demand and trading volumes. The exchange's IPO is expected soon. This development has boosted sentiment for the unlisted stock.
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News and Media
IT sector's Q3 results show a positive start, with TCS and HCL Technologies exceeding revenue and profit expectations. HCL Tech recorded a nine-quarter high in new order bookings, while TCS maintained strong deal flow. Despite sustained new deals, TCS faces a revenue growth deceleration, raising concerns about deal ramp-up amid client delays.
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News and Media
Investors are turning to fund managers for stock market decisions. Flexicap funds saw the biggest inflows in 2025. This shows less confidence in specific stock categories like small or mid-caps. Thematic and sectoral funds are less popular now. Investors prefer flexible mandates in uncertain times. Small and mid-cap funds still attract money due to past high returns.
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News and Media
The non-compete payment amounting nearly 5% of the deal valueis intended to prevent Shriram Ownership Trust (SOT), the promoter entity, from launching a rival lending business under the Shriram brand or any other name.
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News and Media